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Oil and Natural Gas Corporation Limited (ONGC)
ONGC has produced more than 600 million metric tonnes of crude oil and supplied more than 200 billion cubic metres of gas since its inception, thus fuelling the increasing energy requirements of the Indian economy. Today, ONGC is the most valuable company in India, contributing 77 percent of India's crude oil production and 81 per cent of India's natural gas production
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Head Office:
Tel Bhavan
Dehradun, UT, 248008
Phone : +91-0135-2759561-67
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Oilco Services (India) Limited was incorporated in 1999 and commenced its operational activities in the year 2000.Our organisational objective is to supply, install, commission and maintain all equipment that is used in a petroleum retailing station environment. In that, Oilco Services aims at becoming the largest service provider to the petroleum retailing companies in India.
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/images/logos/local/th_pcdpharmaindia.jpgPCD Pharma Companies India
We are the top PCD Pharma Companies in India, offering pharma franchise to companies and helping them on the way to success. We offer optimized solutions as a PCD Pharma Company India with a long-standing proven track record. At PCD Pharma Company India, we have always maintained an independent identity while developing progressive partnerships across India. We encourage more and more businesses to become a part of the PCD Pharma India family.
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PETROWATCH is a fortnightly intelligence bulletin on the oil, gas and power sector in India.
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India's largest business house with total revenues of Rs 80,000 crore (US$ 16.8 billion), cash profit of over Rs 9,800 crore (US$ 2.1 billion), net profit of over Rs 4,700 crore (US$ 990 million) and exports of Rs 11,900 crore (US$ 2.5 billion).
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/images/logos/local/th_ricehuskash.jpgRice Husk Ash
They manufacture organic amorphous silica (made of rice husk ash), for sale, with silica content of above 85%, in very small particle size of 25 microns, used for making better green concrete, high performance concrete, refractory, insulators, waterproofing chemicals, roofing shingles, specialty paints, flame retardants , carrier for pesticides, insecticides and bio fertilizers etc.
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Govt to divest a stake in ONGC this fiscal: Dharmendra Pradhan
Posted on 28th January 2015
The government will sell a stake in state-owned Oil and Natural Gas Corp (ONGC) this fiscal even though falling global oil prices pose a challenge, Oil Minister Dharmendra Pradhan said today.

Government was to sell 5 per cent of its stake in the country’s biggest oil and gas producer ONGC to raise Rs 17,000-18,000 crore. Read More


ONGC investing Rs 22,500 crore in redevelopment projects
Posted on 27th January 2015
Oil and Natural Gas Corporation (ONGC) is in the process of investing Rs 22,500 crore in redevelopment projects, to add capacity of 16.7 million tonnes of oil and 56 billion cubic metres of gas, Chairman and Managing Director D K Sarraf said on Monday.

"(In 2014) we launched Mumbai High North Redevelopment Phase-III, Mumbai High South Redevelopment Phase-III, integrated development of the Bassein, Mukta and Panna formations and Daman development," he said at a Republic Day function at ONGC's headquarters here. Read More


With ONGC in doubt, govt dusts up stake sale in IOC, 4 other PSUs
Posted on 24th January 2015
With the prospects of conducting ONGC stake sale getting grimmer and an urgent need to achieve its FY15 disinvestment, the government has lined-up stake sale in four state-owned companies – Indian Oil Corporation (IOC), Bharat Heavy Electricals (BHEL), National Aluminium (Nalco), and Dredging Corporation (DCIL) for the current financial year.

On Thursday, the department of disinvestment (DoD) floated proposals seeking merchant bankers’ assistance in selling 10% stake each in IOC as well as Nalco, and 5% stake each in BHEL and DCIL. Read More


Govt rethinks CIL, ONGC stake sale as share prices tumble
Posted on 13th January 2015
The depressed share prices of public sector behemoths Coal India and ONGC is forcing the Finance Ministry reconsider its decision to dilute its stake in the two companies, top government officials have told Business Standard.

If the share prices of the two companies remain at current levels, the 10% stake sale in Coal India and 5% stake sale in ONGC will likely be called off. Read More


Sensex holds 27,400; RIL, Tata Motors down over 1%
Posted on 12th January 2015
Markets pared early gains in late morning trades as investors booked profit at higher levels after reports suggest that retail inflation is likely to be on the higher side. The government will detail November IIP and December CPI data later today.

At 11:40AM, the 30-share Sensex was down 22 points at 27,436 and the 50-share Nifty was trading flat at 8,285. Read More

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